[Resolved] Personal Loan From Cholamandalam Dbs Finance Ltd — Harassment and threatened by cholamandalam dbs finance ltd. | |
Ref No.: 9018/JDO/02-09/316 Date: July 8, 2009 To The Concerned Officer INDIA Re: Harassment and threatened by CHOLAMANDALAM DBS Finance LTD. Dear Sir, I had availed a Personal Loan from Cholamandalam DBS Finance Ltd., on 30/05/2008. My first installment was presented in the month of July 5, 2008. Since then, on every 05th of each month, the monthly installments were being debited. But from Feb 5th, 2009, I am unable to pay the installments, due to the economic meltdown prevailing, which has affected my business. I am running a Computer Education Institute and Coaching Education Institute. Due to the economic meltdown, prevailing, the students are unable to pay the fees on time, and that has had a cascading effect on my income, too. I have availed Personal Loans previously, too. Never in the past I have faced such problems where in my Installments are not paid on time. You can verify this from the CIBIL, which shall substantiate my version. I had bought this to the notice of the Managing Director in my earlier mail and fax in the month of February, 2009, at the Corporate Office at Chennai. Ever since then, RECOVERY AGENTS claiming to be from Cholamandalam DBS Finance Ltd., deliberately keep on visiting my premises and keep on harassing me and my husband, for the outstanding amount. I and my family are being threatened by unsolicited calls made at my office landline number. The caller does not introduce himself and uses abusive language which can be termed as below the belt language. I have asked these recovery agents / Anti social and anti national elements (visitors) of the Cholamandalam DBS Finance Ltd. visiting my premises to send me a communication in writing rather then keep on visiting my premises at unwanted times and events. I am being coerced and threatened by informing me that the company has several buckets in row to solve such cases and that in the last bucket, a well known Anti social, anti national element will be visiting my premises to collect my due, failing which my family will be physically assaulted, and publicly humiliated. I feel threatened and mentally disturbed by the turn of events taken place since last 15 days, wherein I am subjected to humiliation. The company’s so called recovery Goondas are deliberately informing my loan / financial status to my neighbours and to my remote relatives and to persons known to me, who in turn called me to find out the real problem. Dear Sir, we are in a democratic setup, where in there exists a law of the land. When I asked these so called recovery persons to let me speak to the company higher ups officials, I was refused. When I asked them to act as per the law of the land, I was shocked to hear when the so called visitor informed me that it was he who had given me the money and not the courts, and that he shall keep on troubling me till I don’t cough up with the outstanding dues. I was informed that my case has been referred to the last bucket wherein I must be ready to face retaliation from well known Anti national and anti social elements. I hereby, wish to state that - In case I or any of my members in the family are hurt or are physically assaulted resulting in also loss of lives, the complete blame and responsibility should be completely attributed to the recovery Goondas of, the CHOLAMANDALAM DBS FINANCE LTD. I conclude my letter with immense grief and pain, Thanking you Was this information helpful? | |
Aug 14, 2020 Complaint marked as Resolved | |
 8 Comments | |
Comments
To,
Concerned Officer, 30th Sep 2009
India-Bangalore Bangalore
Sir/Madam: Sub: Complaint against Cholamandalam financial service
This is to bring to you notice that I G.Kamal Kumar employed as insurance professional at wns Bangalore s/o Shri D.Giriraju residing at no 4/2, Rangswamy temple street, 5th cross, Bangalore -560053 have suffered mental agony and harassment.
I was offered personal loan from dsa - loan agreement no xsegban[protected](Cholamandalam dbs ) for the amount 1, 50, 000.00 @ 15% roi and I had submitted all relevant documents. when I received the loan the rate of interest and loan amount was not inline with agreement & offer made, I immediately went to cholamandalam office(ulsoor branch) to refuse offer but I was informed by Mr. omkar singh (cholomandalam dbs ) to accept the loan and he would correct rate of interest and he reasoned error due to 'technical error'.
There was no response from Mr. omkar singh or the bank then contacted cholamandalam dbs head office Ms Jayasudha (Deputy personal manager) for a month without resolution 'correct roi so that I could make payments(emi)’ informed executive that I would initiate legal proceeds they also directed me to taken legal action, informed that I would make stop payments until this issue is resolved. Also sent email to [protected]@choladbs.murugappa.com
A legal notice 'To correct rate of interest so that emi payments will be paid on every month' was issued thru Mr. H.S.Umesh (lawyer) to cholamandalam dbs (2 notices were issued) without response, when legal proceeds was actioned, cholamandalam dbs had sent 5 debt collection agents to my house (One of executive's name was Mr. Anand) Agents resorted to intimidation/harassment, humiliated me & my family members & threatening with life when I tried reasoning that issue is under 'prejudice'. I informed that the 'proceeds is in court of law' and talk to my lawyer gave my lawyers contact number to contact Informed this to my lawyer and my lawyer had also made formal complaint at financial ombudsmen services at Bangalore. Inspite of this debt agency came to my house and threatened with dire consequences and I used to get threatening and anonymous calls.
There were 3 court hearings at 'lok adalat'in Bangalore and cholamandalam dbs abstained from it. Could the bank adopt threats, violence, unlawful way to pressurize me members of my family. I used to get frantic phone calls to my mobile often & at home informed them to contact my lawyer and they refused to give their identity / name of debt agency. In the month of Aug 2009 I was contacted by Mr. Raghavendra (cholamandalam dbs) I informed him to contact my lawyer, but coercive practice was again adopted by Cholamandalam dbs and sent Gangadhar (mob:[protected]claims he belongs to Karnataka Rakshanna Vedike) visited my home on 22nd, 23rd sep 2009 and adopted uncivilized, unlawful means threatened with life and said I would be contacted at home and office at all times.
I and my family have suffered humiliation, could the bank adopt threats, violence & unlawful way to pressurize me & members of my family when I have civil agreement with bank and matter is prejudiced.
I'm looking forward for legal action against all these illegal acts with full investigation as per provisions of law and I will terminate/clear my loan after justice.
Regards,
Kamal Kumar[protected]
Lawyer H.S.Umesh ( [protected])
Note: Copy of doc will be submitted to
Financial Ombudsman services (Chennai),
Lawyer for court notification,
Cholamandalam dbs
Self
This is to bring to you notice that I G.Kamal Kumar employed as insurance professional at wns Bangalore s/o Shri D.Giriraju residing at no 4/2, Rangswamy temple street, 5th cross, Bangalore -560053 have suffered mental agony and harassment.
I was offered personal loan from dsa - loan agreement no xsegban[protected](Cholamandalam dbs ) for the amount 1, 50, 000.00 @ 15% roi and I had submitted all relevant documents. when I received the loan the rate of interest and loan amount was not inline with agreement & offer made, I immediately went to cholamandalam office(ulsoor branch) to refuse offer but I was informed by Mr. omkar singh (cholomandalam dbs ) to accept the loan and he would correct rate of interest and he reasoned error due to 'technical error'.
There was no response from Mr. omkar singh or the bank then contacted cholamandalam dbs head office Ms Jayasudha (Deputy personal manager) for a month without resolution 'correct roi so that I could make payments(emi)’ informed executive that I would initiate legal proceeds they also directed me to taken legal action, informed that I would make stop payments until this issue is resolved. Also sent email to [protected]@choladbs.murugappa.com
A legal notice 'To correct rate of interest so that emi payments will be paid on every month' was issued thru Mr. H.S.Umesh (lawyer) to cholamandalam dbs (2 notices were issued) without response, when legal proceeds was actioned, cholamandalam dbs had sent 5 debt collection agents to my house (One of executive's name was Mr. Anand) Agents resorted to intimidation/harassment, humiliated me & my family members & threatening with life when I tried reasoning that issue is under 'prejudice'. I informed that the 'proceeds is in court of law' and talk to my lawyer gave my lawyers contact number to contact Informed this to my lawyer and my lawyer had also made formal complaint at financial ombudsmen services at Bangalore. Inspite of this debt agency came to my house and threatened with dire consequences and I used to get threatening and anonymous calls.
There were 3 court hearings at 'lok adalat'in Bangalore and cholamandalam dbs abstained from it. Could the bank adopt threats, violence, unlawful way to pressurize me members of my family. I used to get frantic phone calls to my mobile often & at home informed them to contact my lawyer and they refused to give their identity / name of debt agency. In the month of Aug 2009 I was contacted by Mr. Raghavendra (cholamandalam dbs) I informed him to contact my lawyer, but coercive practice was again adopted by Cholamandalam dbs and sent Gangadhar (mob:[protected]claims he belongs to Karnataka Rakshanna Vedike) visited my home on 22nd, 23rd sep 2009 and adopted uncivilized, unlawful means threatened with life and said I would be contacted at home and office at all times.
I and my family have suffered humiliation, could the bank adopt threats, violence & unlawful way to pressurize me & members of my family when I have civil agreement with bank and matter is prejudiced.
I'm looking forward for legal action against all these illegal acts with full investigation as per provisions of law and I will terminate/clear my loan after justice.
Regards,
Kamal Kumar[protected]
Lawyer H.S.Umesh ( [protected])
Note: Copy of doc has been submitted to
Financial Ombudsman services (Chennai),
Lawyer for court notification,
Cholamandalam dbs
Self
Concerned Officer, 30th Sep 2009
India-Bangalore Bangalore
Sir/Madam: Sub: Complaint against Cholamandalam financial service
This is to bring to you notice that I G.Kamal Kumar employed as insurance professional at wns Bangalore s/o Shri D.Giriraju residing at no 4/2, Rangswamy temple street, 5th cross, Bangalore -560053 have suffered mental agony and harassment.
I was offered personal loan from dsa - loan agreement no xsegban[protected](Cholamandalam dbs ) for the amount 1, 50, 000.00 @ 15% roi and I had submitted all relevant documents. when I received the loan the rate of interest and loan amount was not inline with agreement & offer made, I immediately went to cholamandalam office(ulsoor branch) to refuse offer but I was informed by Mr. omkar singh (cholomandalam dbs ) to accept the loan and he would correct rate of interest and he reasoned error due to 'technical error'.
There was no response from Mr. omkar singh or the bank then contacted cholamandalam dbs head office Ms Jayasudha (Deputy personal manager) for a month without resolution 'correct roi so that I could make payments(emi)’ informed executive that I would initiate legal proceeds they also directed me to taken legal action, informed that I would make stop payments until this issue is resolved. Also sent email to [protected]@choladbs.murugappa.com
A legal notice 'To correct rate of interest so that emi payments will be paid on every month' was issued thru Mr. H.S.Umesh (lawyer) to cholamandalam dbs (2 notices were issued) without response, when legal proceeds was actioned, cholamandalam dbs had sent 5 debt collection agents to my house (One of executive's name was Mr. Anand) Agents resorted to intimidation/harassment, humiliated me & my family members & threatening with life when I tried reasoning that issue is under 'prejudice'. I informed that the 'proceeds is in court of law' and talk to my lawyer gave my lawyers contact number to contact Informed this to my lawyer and my lawyer had also made formal complaint at financial ombudsmen services at Bangalore. Inspite of this debt agency came to my house and threatened with dire consequences and I used to get threatening and anonymous calls.
There were 3 court hearings at 'lok adalat'in Bangalore and cholamandalam dbs abstained from it. Could the bank adopt threats, violence, unlawful way to pressurize me members of my family. I used to get frantic phone calls to my mobile often & at home informed them to contact my lawyer and they refused to give their identity / name of debt agency. In the month of Aug 2009 I was contacted by Mr. Raghavendra (cholamandalam dbs) I informed him to contact my lawyer, but coercive practice was again adopted by Cholamandalam dbs and sent Gangadhar (mob:[protected]claims he belongs to Karnataka Rakshanna Vedike) visited my home on 22nd, 23rd sep 2009 and adopted uncivilized, unlawful means threatened with life and said I would be contacted at home and office at all times.
I and my family have suffered humiliation, could the bank adopt threats, violence & unlawful way to pressurize me & members of my family when I have civil agreement with bank and matter is prejudiced.
I'm looking forward for legal action against all these illegal acts with full investigation as per provisions of law and I will terminate/clear my loan after justice.
Regards,
Kamal Kumar[protected]
Lawyer H.S.Umesh ( [protected])
Note: Copy of doc will be submitted to
Financial Ombudsman services (Chennai),
Lawyer for court notification,
Cholamandalam dbs
Self
This is to bring to you notice that I G.Kamal Kumar employed as insurance professional at wns Bangalore s/o Shri D.Giriraju residing at no 4/2, Rangswamy temple street, 5th cross, Bangalore -560053 have suffered mental agony and harassment.
I was offered personal loan from dsa - loan agreement no xsegban[protected](Cholamandalam dbs ) for the amount 1, 50, 000.00 @ 15% roi and I had submitted all relevant documents. when I received the loan the rate of interest and loan amount was not inline with agreement & offer made, I immediately went to cholamandalam office(ulsoor branch) to refuse offer but I was informed by Mr. omkar singh (cholomandalam dbs ) to accept the loan and he would correct rate of interest and he reasoned error due to 'technical error'.
There was no response from Mr. omkar singh or the bank then contacted cholamandalam dbs head office Ms Jayasudha (Deputy personal manager) for a month without resolution 'correct roi so that I could make payments(emi)’ informed executive that I would initiate legal proceeds they also directed me to taken legal action, informed that I would make stop payments until this issue is resolved. Also sent email to [protected]@choladbs.murugappa.com
A legal notice 'To correct rate of interest so that emi payments will be paid on every month' was issued thru Mr. H.S.Umesh (lawyer) to cholamandalam dbs (2 notices were issued) without response, when legal proceeds was actioned, cholamandalam dbs had sent 5 debt collection agents to my house (One of executive's name was Mr. Anand) Agents resorted to intimidation/harassment, humiliated me & my family members & threatening with life when I tried reasoning that issue is under 'prejudice'. I informed that the 'proceeds is in court of law' and talk to my lawyer gave my lawyers contact number to contact Informed this to my lawyer and my lawyer had also made formal complaint at financial ombudsmen services at Bangalore. Inspite of this debt agency came to my house and threatened with dire consequences and I used to get threatening and anonymous calls.
There were 3 court hearings at 'lok adalat'in Bangalore and cholamandalam dbs abstained from it. Could the bank adopt threats, violence, unlawful way to pressurize me members of my family. I used to get frantic phone calls to my mobile often & at home informed them to contact my lawyer and they refused to give their identity / name of debt agency. In the month of Aug 2009 I was contacted by Mr. Raghavendra (cholamandalam dbs) I informed him to contact my lawyer, but coercive practice was again adopted by Cholamandalam dbs and sent Gangadhar (mob:[protected]claims he belongs to Karnataka Rakshanna Vedike) visited my home on 22nd, 23rd sep 2009 and adopted uncivilized, unlawful means threatened with life and said I would be contacted at home and office at all times.
I and my family have suffered humiliation, could the bank adopt threats, violence & unlawful way to pressurize me & members of my family when I have civil agreement with bank and matter is prejudiced.
I'm looking forward for legal action against all these illegal acts with full investigation as per provisions of law and I will terminate/clear my loan after justice.
Regards,
Kamal Kumar[protected]
Lawyer H.S.Umesh ( [protected])
Note: Copy of doc has been submitted to
Financial Ombudsman services (Chennai),
Lawyer for court notification,
Cholamandalam dbs
Self
personal loan bangalore — tele caller harrasment
I regret to say i had defaulted in my personal loan payments due to loss of my profession. I feel more regreted by the abusive language used by your personal from your branch in bangalore towards my family members in my absence at home.A rep. by name Hemanth from collection dept has been harrasing even in the nights with foul language.I promise to pay my dues in time from now as things are changing for my good, but request you to kindly help me with this represtative. Unfortunately his Rep dosent seem to understand my speaking to him. I really wonder at scb is there any dept which can help me? GOVT. OF OUR COUNTRY SHOULD TAKE MOST STRICT MEASURES FOR SUCH KIND OF GOONDAISM IRRESPECTIVE OF WHEATHER ITS CHOLA OR SBI OR ANY OTHER LENDOR.IN OUR CONSTITUTION NO ONE CAN TAKE LAW IN THEIR HAND.EVEN LATE INDIRA GANDHI, THE GREAT OF GREATEST LADY OF OUR COUNTRY (IN MY OPENION) HAD TO BE BEHIND THE BAR.WE (INDIANS) IRRESPECTIVE OF ANY CRID OR CAST BOW IN FRONT OF JURISDISERY, IF NO ONE COMES TO STOP THESE UNCIVILISED MEASURS ON CIVILISED PEOPLE OUR JURICIDARY SHOULD COME FORWARD. Any genuine victim may contact me. My E Mail ID is [protected]@hotmail.com .I may be a small DIYA (DEEPAK, FIRE) but till last breath figtht with these GANGESTERS.Krishna Kumar Kedia.I SALUTE TO THEM WHO HAS OPENED THIS SITE.
Cholamandalam dbs finance company — Even payment done they are troubling me
I am having personal loan with cholamandal dbs.I'm paying regularly through cash payment and taking cash recipts.last month(October) i'm unable to pay because of my family problems.i payed pending payment in this month,and requested to give time of 10 days to clear the next payment.They accepted it and taken one month due initially,From next day onwards they started troubling me.They using unparlimentary language and troubling me a lot.If I paying regularly why can't they give time atleast 10days.Please giveme solution of this problem want to take personal loan upto 1 Lac for business purpose
now iam working as Lect. in Srinivasan Emgineering College, Perambalur.
Details of customer:
Name: Illamathi Mobile No.[protected] Call me.
now iam working as Lect. in Srinivasan Emgineering College, Perambalur.
Details of customer:
Name: Illamathi Mobile No.[protected] Call me.
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now iam working in ca- farm as account manager
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